In a positive week for the Indian stock market, seven of the top ten most valuable companies saw their market valuations increase by Rs 2.31 lakh crore.
The equity market sentiment was generally upbeat, contributing to these gains.
HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, ITC, and Tata Consultancy Services (TCS) were among the companies that experienced an increase in their market value.
On the other hand, Bajaj Finance, Hindustan Unilever, and TCS saw their valuations dip during the week.
The Bombay Stock Exchange (BSE) benchmark index gained 1,289.46 points, or 1.62 percent, during the week despite the market being closed on Thursday for Maharashtra Day.
Among the companies that gained, HDFC Bank saw its market valuation rise by Rs 11,514.78 crore, bringing its total to Rs 14,73,356.95 crore.
Bharti Airtel added Rs 20,755.67 crore, taking its valuation to Rs 10,56,029.91 crore. ICICI Bank increased its market value by Rs 19,381.9 crore, reaching Rs 10,20,200.69 crore.
Infosys gained Rs 10,902.31 crore, with its market cap reaching Rs 6,25,668.37 crore.
ITC added Rs 2,502.82 crore, bringing its valuation to Rs 5,38,294.86 crore. SBI saw an increase of Rs 1,160.2 crore, taking its market value to Rs 7,14,014.23 crore.
However, three companies saw a decrease in their market capitalisation. Bajaj Finance lost Rs 15,470.5 crore, reducing its valuation to Rs 5,50,726.80 crore.
Hindustan Unilever saw a decline of Rs 1,985.41 crore, bringing its market worth down to Rs 5,45,845.29 crore.
TCS lost Rs 1,284.42 crore, ending the week with a valuation of Rs 12,45,996.98 crore.
Despite these fluctuations, the most valuable companies in India include HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
Meanwhile, the combined market value of six of India’s top 10 most valued companies surged by Rs 1,18,626.24 crore in the previous week.
–IANS
Top 7 Indian Firms Gain ₹2.31 Lakh Cr in Market Value
Staff reporter
In a positive week for the Indian stock market, seven of the top ten most valuable companies saw their market valuations increase by Rs 2.31 lakh crore.
The equity market sentiment was generally upbeat, contributing to these gains.
HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, ITC, and Tata Consultancy Services (TCS) were among the companies that experienced an increase in their market value.
On the other hand, Bajaj Finance, Hindustan Unilever, and TCS saw their valuations dip during the week.
The Bombay Stock Exchange (BSE) benchmark index gained 1,289.46 points, or 1.62 percent, during the week despite the market being closed on Thursday for Maharashtra Day.
Among the companies that gained, HDFC Bank saw its market valuation rise by Rs 11,514.78 crore, bringing its total to Rs 14,73,356.95 crore.
Bharti Airtel added Rs 20,755.67 crore, taking its valuation to Rs 10,56,029.91 crore. ICICI Bank increased its market value by Rs 19,381.9 crore, reaching Rs 10,20,200.69 crore.
Infosys gained Rs 10,902.31 crore, with its market cap reaching Rs 6,25,668.37 crore.
ITC added Rs 2,502.82 crore, bringing its valuation to Rs 5,38,294.86 crore. SBI saw an increase of Rs 1,160.2 crore, taking its market value to Rs 7,14,014.23 crore.
However, three companies saw a decrease in their market capitalisation. Bajaj Finance lost Rs 15,470.5 crore, reducing its valuation to Rs 5,50,726.80 crore.
Hindustan Unilever saw a decline of Rs 1,985.41 crore, bringing its market worth down to Rs 5,45,845.29 crore.
TCS lost Rs 1,284.42 crore, ending the week with a valuation of Rs 12,45,996.98 crore.
Despite these fluctuations, the most valuable companies in India include HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
Meanwhile, the combined market value of six of India’s top 10 most valued companies surged by Rs 1,18,626.24 crore in the previous week.
–IANS
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